Kia

Takata hires financial adviser to mull restructuring options

UPDATED: 5/25/16 6:29 pm ET - adds company statement

Takata hired investment bank Lazard to lead efforts to seek new investment and help resolve financial issues stemming from its record-setting recall of tens of millions of airbag inflators that can rupture.

Hyundai blames ‘softness’ in cars for Elantra’s spring swoon

Just three months after Hyundai Motor Co. launched a clean-sheet redesign of the Elantra sedan, its best-selling car in the U.S. last year, sales of

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